3751 Ray St San Diego

3751 Ray St San Diego

D

, CA 92104

$1,225,000
NEW — 0d on market

Beds

2

Baths

2

Sqft

1,255

Year Built

1923

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2601766

Description

Experience the perfect blend of early-century charm and modern convenience in the heart of North Park. This masterfully updated Craftsman sits on a 5,000 sqft lot, just steps away from the neighborhood's best restaurants, coffee shops, boutiques, and farmer’s market. ~~Architectural delight & modern comfort: Enjoy original hardwood floors, elegant, coffered ceilings, and gorgeous period wood trim. The wood-burning brick fireplace has been reinforced and restored to working conditions, featuring classic built-ins for a warm, inviting atmosphere. The home features a brand-new roof and fresh interior and exterior paint completed in February 2026. The traditional gas furnace has been replaced with a concealed Mitsubishi mini-split system for year-round climate control. Front-load laundry is tucked away for hidden convenience. ~~Chef’s kitchen & designer baths: The kitchen was renovated in 2011 to feature flush-inlay cabinetry, soapstone countertops, and high-end stainless-steel appliances. The home's two bathrooms were also redone. The primary features a beautiful stone and tile shower surround, and the other offers a cast iron clawfoot tub, penny-round tile flooring, and elegant wainscoting. ~~Exceptional outdoor living & rare parking: Relax on the elevated composite deck amidst mature, fully irrigated landscaping. Wired for indoor and outdoor speakers, and replete with a hard-lined gas barbecue, the house is ready for your housewarming party. A detached 1-car garage is supplemented by a generous driveway that accommodates at least three additional vehicles – a true North Park rarity. Showings begin March 5th ~ schedule your tour today to see how this Craftsman gem exceeds every expectation!

Mortgage Calculator

Est. Monthly Payment

$7,777

Principal & Interest$6,194
Property Tax$1,225
Insurance$357
%($245,000)
%

Investment Score

0D
Est. Monthly Rent

Estimated Rent

$3,348
Monthly Cashflow

Rent − PITI − HOA

$-4,428
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,219

Mortgage (P+I)
$6,194
Cap Rate
-0.02%
Cash-on-Cash
-21.69%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$7,776

NOI (Annual)
$-298
Price-to-Rent

Lower = better for investors

30.5

* Defaults: 20% down, 6.5% rate, 30yr.

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